Negotiation
Definitions and Meaning in English
- A discussion aimed at reaching an agreement or resolving a dispute.
- The process of bargaining or dealing with others to reach a mutually beneficial outcome.
- The act of discussing terms, conditions, or agreements in order to come to a decision.
- A strategic process where conflicting parties attempt to find common ground or resolve differences.
- The interaction between two or more parties with differing interests, seeking a compromise or settlement.
History and Origin
The word “negotiation” comes from the Latin word negotiatio, meaning “business” or “trade.” It is derived from negotiari, which means “to carry on business” or “to deal.” The term has been used in the English language since the 16th century to describe discussions or interactions aimed at reaching an agreement. Over time, it has evolved to refer to formal and informal discussions involving bargaining, persuasion, and conflict resolution.
Detailed Explanation
Negotiation is a key process in both personal and professional contexts, involving two or more parties who aim to resolve differences, reach agreements, or compromise on terms. It often occurs when there are conflicting interests or goals, and each side seeks to achieve the best possible outcome. Successful negotiations require effective communication, strategic thinking, and the willingness to compromise or make concessions.
In business, negotiation is vital for closing deals, setting contracts, and forming partnerships. Similarly, in politics and diplomacy, negotiations are used to settle disputes, agree on treaties, or resolve conflicts between nations. Negotiation skills are highly valued in various fields, including law, sales, management, and international relations.
Example Sentences
- The two companies are in negotiation over the terms of the merger.
- After hours of negotiation, they finally reached a fair agreement.
- He handled the negotiation with great skill, ensuring both sides were satisfied.
- The team entered the negotiation room prepared with all the necessary data.
- Negotiation broke down when neither side was willing to compromise.
- Diplomats were involved in negotiations to ease the tensions between the two countries.
- She’s known for her ability to negotiate tough deals in the business world.
- The workers are in negotiation with the management to secure better benefits.
- They negotiated a contract that would provide better pay for all employees.
Synonyms with Short Explanation
- Bargaining – The process of negotiating, often involving back-and-forth discussion of terms.
- Mediation – The intervention of a neutral party to assist in resolving a dispute or negotiation.
- Discussion – A conversation or exchange of ideas, often leading to a negotiated agreement.
- Haggling – A form of negotiation, often informal, where parties debate over terms or prices.
- Deal-making – The process of negotiating terms and conditions to arrive at a formal agreement.
Related Words with Short Explanation
- Agreement – The outcome or result of a successful negotiation, where both parties come to terms.
- Compromise – An agreement reached by mutual concessions, often a key element in negotiations.
- Diplomacy – The art of conducting negotiations, especially between governments or nations.
- Contract – A formalized agreement often reached through negotiation.
- Settlement – The final resolution or agreement after negotiations, especially in legal contexts.
More Matches with Short Explanation
- Concession – A form of compromise made by one party in a negotiation to meet the other party’s demands.
- Arbitration – A form of negotiation where a third party makes a binding decision to resolve a dispute.
- Persuasion – The act of convincing someone to agree to terms, often used during negotiations.
- Collaboration – Working together towards a mutual agreement, a form of cooperative negotiation.
- Agreement – The final decision or accord reached through negotiation.
Antonyms
- Disagreement
- Conflict
- Stalemate
- Refusal
- Imposition
